Economic and Market News for 21 May 2020
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21 May
09:41MTI Wireless Edge subsidiary Mottech continues expansion into Chinese market with acquisitionCommunications and radio frequency solutions group MTI Wireless Edge has announced that its subsidiary Mottech Water Solutions has signed an agreement to acquire its joint venture partner's 40%...
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21 May
08:24Essentra performance takes turn lower in April amid virus hitComponent parts maker Essentra said performance took a turn lower in April as the impact from the Covid-19 pandemic deepened, with sales in its components business down by nearly a quarter....
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21 May
08:00IP Group sells 12.25m shares in Ceres Power at 425p a shareProperty-based businesses investor, IP Group, said it had sold about 12.25m shares in Ceres Power at a price of 425p per share. Following completion of the sale, IP Group would continue to hold...
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21 May
07:57EasyJet to resume flights on 15 June for domestic routes in UK, FranceLow-cost airline EasyJet said it would resume flights on 15 June on routes with sufficient demand to support profitable flying. The initial schedule would comprise mainly domestic flying in the...
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21 May
07:45Dart Group raises £172m through an equity placing to boost liquidityLeisure travel and distribution company Dart Group said it had raised gross proceeds of approximately £172m through an equity placing in an effort to boost liquidity. A total of 29,781,894 shares...
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21 May
07:21AstraZeneca to begin deliveries of Oxford's potential coronavirus vaccine in SeptemberPharma giant AstraZeneca said it would begin first deliveries of the University of Oxford's potential coronavirus vaccine in September 2020 after it received $1 billion from a US government agency...
